Mumbai, 3 July (IANS). The Indian stock market closed in a red mark in Thursday’s trading session. The Sensex fell 170.22 points or 0.20 percent to 83,239.47 and the Nifty was 48.10 points or 0.19 percent to 25,405.30.
However, the decline was limited to largecap. Midcap and smallcaps are locked in green mark. The Nifty Midcap 100 index rose by 16 points to 59,683.25 and the Nifty Smallcap 100 index 49.95 points or 0.26 percent to 19,027.05.
Auto, pharma, FMCG, media, energy and PSE index were locked in green mark on the sectorole basis. IT, PSU Bank, Financial Services, Metal, Realty, Private Banks and Services closed in red mark.
The Sensex packs featured Maruti Suzuki, Infosys, NTPC, Asian Paints, Huel, Eternal (Zomato), M&M, Tata Motors, ITC and Sun Pharma Gainers. Kotak Mahindra Bank, Bajaj Finserv, Bajaj Finance, Trent, SBI, Titan, TCS and Bharti Airtel were the top loosers.
Sundar Kewat, a technical and derivative analyst at the Ashika Institutional Equity, said that the Nifty index opened flat at 25,505 on Thursday and touched a low of 25,384 in intraday and then a high level of 25,587. However, during the second part of the session, the market saw high levels of selling pressure, which ended on a dull note. Investors remain alert before the anticipated US-India trade agreement.
Senior Vice President Ajit Mishra, in research at Railways Broking Limited, said that different stocks are providing adequate opportunities continuously amidst the fluctuations in the stock market, which are rotational purchases in different fields. Investors should pay special attention to stock selection.
Globally, the Indian stock markets were opened in the green mark with positive signals. At around 9.25 am, the Sensex was trading at 68.28 points or 0.08 percent to 83,477.97, while the Nifty rose 19.30 points or 0.08 percent to 25,472.70.
-IANS
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